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@CaptFalcon
Crypto newbie looking to learn!
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Quick Update On $BTC Trends!
Road to 75K! Or 100K? Or 60k…
It seems like we have a decent upward trajectory followed by dips between 61-68k.
Worst case scenario it dips to 55-60k and we see a huge buyout the following weeks
OR
It continues this ping-pong between 66-70 until it pumps up to 75k.
BTC is holding a strong position with huge potential for coming weeks and months.
Let’s hope this trend continues!
#CryptoNewss #EarnFreeCrypto2024
Road to 75K! Or 100K? Or 60k…
It seems like we have a decent upward trajectory followed by dips between 61-68k.
Worst case scenario it dips to 55-60k and we see a huge buyout the following weeks
OR
It continues this ping-pong between 66-70 until it pumps up to 75k.
BTC is holding a strong position with huge potential for coming weeks and months.
Let’s hope this trend continues!
#CryptoNewss #EarnFreeCrypto2024
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Hey fellow Binance enthusiasts,
A quick note from a newbie, I recently joined Binance (around 1-2 months) and I have been looking at the up & downs of a bunch of coins.
Recently, my attention got distracted by #ReiNetwork which I have been holding every since it pumped and praying it goes backup one day. Although, I got to admit I have mixed feelings about that one.
HOWEVER, I believe coins like $APT $PENDLE $TIA are my best bet for this halving with hopefully between 5 to 20X in the following weeks.
As you know, I am ULTRA new to crypto and this is just a side hustle for me.
So, do not take my advice without doing your own research. Keep in mind this is mostly speculation and big whales playing cards and it cannot always go right for any random person.
A few things, I would suggest and which I have read a lot, if you are at loss with a coin, don’t panic sell, just hold and pray with your fellow cryptomaniacs.
Don’t forget to set up sell limits with a high but not stupidly high pricing or drop it in your earn wallet and forget about it to hold (at least that’s what I do).
Also, don’t invest what you cannot afford.
May this halving be good to all of us! #HalvingComingSoon #halvinghype
A quick note from a newbie, I recently joined Binance (around 1-2 months) and I have been looking at the up & downs of a bunch of coins.
Recently, my attention got distracted by #ReiNetwork which I have been holding every since it pumped and praying it goes backup one day. Although, I got to admit I have mixed feelings about that one.
HOWEVER, I believe coins like $APT $PENDLE $TIA are my best bet for this halving with hopefully between 5 to 20X in the following weeks.
As you know, I am ULTRA new to crypto and this is just a side hustle for me.
So, do not take my advice without doing your own research. Keep in mind this is mostly speculation and big whales playing cards and it cannot always go right for any random person.
A few things, I would suggest and which I have read a lot, if you are at loss with a coin, don’t panic sell, just hold and pray with your fellow cryptomaniacs.
Don’t forget to set up sell limits with a high but not stupidly high pricing or drop it in your earn wallet and forget about it to hold (at least that’s what I do).
Also, don’t invest what you cannot afford.
May this halving be good to all of us! #HalvingComingSoon #halvinghype
$TRB What are thoughts on this coin ?
Will bulls pick it up ?
Big future I think… still time to enter.
We got our first bull push, let’s see what happens next.
Will bulls pick it up ?
Big future I think… still time to enter.
We got our first bull push, let’s see what happens next.
Things are happening ! 📈
Let’s hope for a big up in the next few months!
Here are my cryptos of the moment. #CryptoOfTheWeek #PortfolioDiversity
Let’s hope for a big up in the next few months!
Here are my cryptos of the moment. #CryptoOfTheWeek #PortfolioDiversity
$TRB 150$ within 3 months !
Pump incoming !
This coin got a lot of potential.
Bull run will make it explode 🤞
Pump incoming !
This coin got a lot of potential.
Bull run will make it explode 🤞
$TRB has a promising future. Already pushing passed 77 and we are barely experiencing the bull run… let’s see how high it can go
Una de las monedas con más revuelos, se ha levantado nuevamente de un sueño profundo. Hablamos de $TRB
Actualmente cotizando en 74$ alguna vez la compré en 45 y vendí en 128 antes del bajón.
De las pocas monedas que no tradeo en futuros, pero si en spot.
Estaremos vigilando de cerca, para ubicar una posible entrada. Les publicaré una vez tengamos los datos suficientes.
De momento, les dejo un vistazo amplio del gráfico con posibles zonas de resistencia que "impiden" el precio subir.
Pd2. El suelo de la moneda sigue siendo 40$ a 54$.
#Dyor
Actualmente cotizando en 74$ alguna vez la compré en 45 y vendí en 128 antes del bajón.
De las pocas monedas que no tradeo en futuros, pero si en spot.
Estaremos vigilando de cerca, para ubicar una posible entrada. Les publicaré una vez tengamos los datos suficientes.
De momento, les dejo un vistazo amplio del gráfico con posibles zonas de resistencia que "impiden" el precio subir.
Pd2. El suelo de la moneda sigue siendo 40$ a 54$.
#Dyor
$BTC is ⬆️. The climb is real.
Where will it go? No one knows really.
65 or 70k ? Guess a number in 2 weeks!
Where will it go? No one knows really.
65 or 70k ? Guess a number in 2 weeks!
Is BTC going up or down ? 📈📉
In the last few months, Bitcoin has been steadily going into a downtrend accompanied by resistance around 65-60-58-50k.
The lowest point was 24h ago with 49k.
Bitcoin is paramount in the cryptocurrency world and most predict very high potential in the foreseeable future.
And you, what do you think?
Good luck out there!
Don’t forget DYOR 👍
In the last few months, Bitcoin has been steadily going into a downtrend accompanied by resistance around 65-60-58-50k.
The lowest point was 24h ago with 49k.
Bitcoin is paramount in the cryptocurrency world and most predict very high potential in the foreseeable future.
And you, what do you think?
Good luck out there!
Don’t forget DYOR 👍
$BTC is wild right now!
After a downtrend to 49k, it seems to be going back up for now…
The only way is up! ⬆️
However, stay ready for a potential last downtrend before the end of summer!
My positions are $SOL & $APT and some #INJ/USDT📈
Good luck out there!
Don’t forget DYOR
After a downtrend to 49k, it seems to be going back up for now…
The only way is up! ⬆️
However, stay ready for a potential last downtrend before the end of summer!
My positions are $SOL & $APT and some #INJ/USDT📈
Good luck out there!
Don’t forget DYOR
Definitely keep an eye on this one!
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Solana Staking Reduces Supply As Whales Increase Holdings
Solana (SOL) staking has reached peak levels as whales move to accumulate more SOL, significantly impacting the market supply. The surge in liquid staking has led to a considerable lockup of Solana tokens, making them increasingly scarce.
Solana staking reaches record levels
Despite the inherent inflation, Solana (SOL) is becoming more scarce as staking activities increase. As a valuable utility token, long-term holders need to sell it more urgently. This has resulted in staking levels nearing record highs, with more than 68% of the SOL supply currently staked. New whale wallets have recently withdrawn SOL and added it to the staking pool. Both native and liquid staking contribute to the supply control, even as more than $5 million worth of SOL is unlocked daily.
The increase in staking coincides with Solana’s plan to reduce inflation to below 5%. This strategy has effectively decreased the available supply over the past months. Native staking has always been an option for SOL, with validators competing for the best returns. Since May, staking has also been accessible through Robinhood for eligible EU-based holders.
Growth of liquid staking on Solana
In the past 2 days, 2 whales withdrew 238,893 $SOL ($41.4M) from #Binance and staked it!https://t.co/A6AKhPZvZnhttps://t.co/e0ysroHG1x pic.twitter.com/vurGILr9EU
— Lookonchain (@lookonchain) July 24, 2024
Liquid staking on Solana has seen significant growth, holding more than $4.31 billion in locked value. This makes it the dominant sector among Solana’s DeFi protocols, which collectively hold $5.15 billion in value, including DEX and lending protocols. The rapid growth of liquid staking began in late June, and it is building an ecosystem similar to Ethereum. Users receive liquid staking tokens in addition to rewards for their staked SOL, making them eligible for future rewards or airdrops.
Despite these airdrops’ unknown final value, the liquid staking boom is driving up SOL market prices by removing coins from circulation and introducing new sources of risk exposure. The competition in liquid staking is intensifying, with JitoSOL, the protocol’s top validator, leading the way. JitoSOL recently surpassed $2 billion in holdings for the first time.
While still catching up with Ethereum’s top liquid staking projects, Solana-based liquid staking currently represents about 6.71% of the supply. This relatively small share suggests significant growth potential as validators face increased competition.
Validator competition intensifies
The rise of JitoSOL coincided with outflows from the INF validator. Meanwhile, validators like Galaxy and Helius have climbed the ranks after adding liquid staking in recent months. JupSOL, the validator for the Jupiter DEX aggregator, has shown dramatic growth. JupSOL now ranks as the third-largest liquid staking provider, holding more than 9% of the staked tokens.
JitoSOL, the leading validator, controls over 45% of SOL in its liquid staking protocol. As of July 15, JitoSOL recorded a historic inflow with over 16,000 depositors. The validator also benefits from tipping, which ensures transactions are included in a block and protected from MEV bots. Over 160,000 wallets have issued tips, addressing the high transaction failure rates even among the best protocols.
While highly popular, liquid staking carries higher risks than native staking due to intelligent contract exposure. The current bullish sentiment for SOL fuels both liquid staking and the broader DeFi market on Solana. Solana’s staking dynamics significantly affect its market supply, driven by increased whale activity and the growth of liquid staking protocols.
The post Solana Staking Reduces Supply as Whales Increase Holdings first appeared on Coinfea.
Solana staking reaches record levels
Despite the inherent inflation, Solana (SOL) is becoming more scarce as staking activities increase. As a valuable utility token, long-term holders need to sell it more urgently. This has resulted in staking levels nearing record highs, with more than 68% of the SOL supply currently staked. New whale wallets have recently withdrawn SOL and added it to the staking pool. Both native and liquid staking contribute to the supply control, even as more than $5 million worth of SOL is unlocked daily.
The increase in staking coincides with Solana’s plan to reduce inflation to below 5%. This strategy has effectively decreased the available supply over the past months. Native staking has always been an option for SOL, with validators competing for the best returns. Since May, staking has also been accessible through Robinhood for eligible EU-based holders.
Growth of liquid staking on Solana
In the past 2 days, 2 whales withdrew 238,893 $SOL ($41.4M) from #Binance and staked it!https://t.co/A6AKhPZvZnhttps://t.co/e0ysroHG1x pic.twitter.com/vurGILr9EU
— Lookonchain (@lookonchain) July 24, 2024
Liquid staking on Solana has seen significant growth, holding more than $4.31 billion in locked value. This makes it the dominant sector among Solana’s DeFi protocols, which collectively hold $5.15 billion in value, including DEX and lending protocols. The rapid growth of liquid staking began in late June, and it is building an ecosystem similar to Ethereum. Users receive liquid staking tokens in addition to rewards for their staked SOL, making them eligible for future rewards or airdrops.
Despite these airdrops’ unknown final value, the liquid staking boom is driving up SOL market prices by removing coins from circulation and introducing new sources of risk exposure. The competition in liquid staking is intensifying, with JitoSOL, the protocol’s top validator, leading the way. JitoSOL recently surpassed $2 billion in holdings for the first time.
While still catching up with Ethereum’s top liquid staking projects, Solana-based liquid staking currently represents about 6.71% of the supply. This relatively small share suggests significant growth potential as validators face increased competition.
Validator competition intensifies
The rise of JitoSOL coincided with outflows from the INF validator. Meanwhile, validators like Galaxy and Helius have climbed the ranks after adding liquid staking in recent months. JupSOL, the validator for the Jupiter DEX aggregator, has shown dramatic growth. JupSOL now ranks as the third-largest liquid staking provider, holding more than 9% of the staked tokens.
JitoSOL, the leading validator, controls over 45% of SOL in its liquid staking protocol. As of July 15, JitoSOL recorded a historic inflow with over 16,000 depositors. The validator also benefits from tipping, which ensures transactions are included in a block and protected from MEV bots. Over 160,000 wallets have issued tips, addressing the high transaction failure rates even among the best protocols.
While highly popular, liquid staking carries higher risks than native staking due to intelligent contract exposure. The current bullish sentiment for SOL fuels both liquid staking and the broader DeFi market on Solana. Solana’s staking dynamics significantly affect its market supply, driven by increased whale activity and the growth of liquid staking protocols.
The post Solana Staking Reduces Supply as Whales Increase Holdings first appeared on Coinfea.
$BTC is struggling! Second dip a row. No strong dip below 60k except for a few moments. Will it hold this summer around 60k or go up? Or down… let’s see 🚀
Pendle will recover ! This coin has huge potential imo. Just reinvested!
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Binance News
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Pendle's Total Value Locked Drops to $39.64 Billion, Experiences 37.6% Decline in a Week
According to BlockBeats, Pendle, a prominent player in the DeFi yield market, has seen a significant decrease in its total value locked (TVL). As of June 28, the TVL in Pendle has dropped to $39.64 billion, marking a 37.6% decline over the past week. This information is based on data provided by DeFiLlama, a reliable source for DeFi statistics.
The sharp drop in Pendle's TVL indicates a shift in investor sentiment and could potentially impact the overall performance of the DeFi yield market. However, it's important to note that fluctuations in TVL are common in the DeFi space, and this decline could be a temporary setback for Pendle.
The DeFi yield market has been a hotbed of activity in recent years, with numerous platforms vying for dominance. Pendle's recent performance will be closely watched by investors and market analysts alike, as it could signal broader trends in the DeFi sector.
The sharp drop in Pendle's TVL indicates a shift in investor sentiment and could potentially impact the overall performance of the DeFi yield market. However, it's important to note that fluctuations in TVL are common in the DeFi space, and this decline could be a temporary setback for Pendle.
The DeFi yield market has been a hotbed of activity in recent years, with numerous platforms vying for dominance. Pendle's recent performance will be closely watched by investors and market analysts alike, as it could signal broader trends in the DeFi sector.